I am a 27-year-old Hindu male residing in Chennai, Tamil Nadu, India.
In 2018, I acquired a property in Chennai under my mother's name, covering the entire cost myself. Currently, I wish to transfer ownership from my mother to myself, and she is in agreement with this. Could you please guide me through the necessary procedure?
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Would there be a requirement to pay stamp duty again, based on the current valuation of the property?
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Is there a need to settle property taxes once more?
I appreciate your assistance.
Thank you.